Yahoo! Finance: “Brandywine Starts Construction on Model Homes at Brighton, a 4.46-Acre Community in Severely Underserved South Bay Area”
Aug. 24, 2015
Demand Is High for 60 New Homes in West Carson Neighborhood, Close to Major Employers, Schools, Shopping and Recreation
CARSON, CA–(Marketwired – Aug 24, 2015) –Brandywine Homes will begin constructing model homes this month at Brighton, a fully entitled 4.46-acre community with 60 single-family detached homes in unincorporated West Carson, just east of Torrance in southwestern Los Angeles County.
“We are very excited that the models at Brighton will be under way this month,” said Dave Barisic, vice president of sales and marketing for Brandywine. “We haven’t seen such strong interest in a new home development in a long time. I chalk this up to its fantastic central location, the abundance of jobs in the South Bay and the long-time lack of new homes in the Torrance area. The pent-up demand is proving to be huge.”
Torrance and other nearby communities have an established population approaching 1 million, but the area’s housing stock is aging and new communities are limited to small infill developments. The South Bay’s diverse employment base extends into petrochemical, aeronautics, avionics, education, healthcare and international shipping and trade. This market also serves as a residential area for downtown Los Angeles.
Brighton will offer three and four bedrooms ranging from 1,564 to 1,966 square feet, designed to appeal to young singles and couples, growing families and established families with children, and empty nesters. Prices are expected to start in the $500,000s.
With its proximity to Interstate 405, the 110 Freeway and the Pacific Coast Highway, Brighton will be within easy commuting distance to 3.1 million jobs, the Los Angeles International Airport and downtown Los Angeles, near excellent schools and shopping, and within a mile and a half of 10 public parks.
According to the National Association of Home Builders’ formula to determine the local impact of single-family housing in typical metro areas, adding 60 single-family homes will generate $12.7 million in local income, $1.3 million in taxes and other revenue for local governments and 194 local jobs.
About Brandywine
Brandywine Homes is a residential homebuilder based in Irvine, Calif., that specializes in challenging infill development. Founded in 1994, the family-owned and operated company has built or developed almost 1,500 homes in 45 small- and mid-sized infill communities, revitalizing some of Southern California’s oldest and most established neighborhoods. Brandywine builds homes that respect and complement the heritage, values and architectural integrity of existing neighborhoods and the people who live there — making a positive contribution to the community. www.brandywine-homes.com. Social media: Facebook, Twitter, LinkedIn and Brandywine Blog.
